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In recent years, the United States has accused China of manipulating the yuan so as to gain an unfair competitive advantage in global trade. Thus,

In recent years, the United States has accused China of manipulating the yuan so as to gain an unfair competitive advantage in global trade. Thus, proposals have been made that the United States should offset China's currency manipulation by

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buying yuan and selling dollars, thus depreciating the yuan against the dollar.

selling and buying dollars, thus appreciating the yuan against the dollar.

selling yuan and buying dollars, thus depreciating the yuan against the dollar.

buying yuan and selling dollars, thus appreciating the yuan against the dollar.

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